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Benjamnin F. Butler, Butler's Book: Autobiography and Personal Reminiscences of Major-General Benjamin Butler 2 0 Browse Search
Charles E. Stowe, Harriet Beecher Stowe compiled from her letters and journals by her son Charles Edward Stowe 1 1 Browse Search
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Benjamnin F. Butler, Butler's Book: Autobiography and Personal Reminiscences of Major-General Benjamin Butler, Chapter 20: Congressman and Governor. (search)
m to have gold at the end of the twenty years for the principal besides. You cannot tempt me then to go into any enter-prise which shall not promise me more than eleven to twelve per cent. I must have much more before I will take my money out of government securities and put it at the risk of business. And it is this high rate of government interest which is crushing the life out of the industrial pursuits of the people. There can be no mistake about this. Look at the market reports of Cincinnati, one of the great marts of the West. No money can be got there for less than fifteen to eighteen per cent. Why? Because our capitalists get from eleven to twelve per cent. on five-twenties, and they are encouraged to hold on to their bonds and keep their money out of the business of the country; because the gentleman from Maine tells them that the government will pay the principal in gold, although they paid but forty cents on the dollar for them when they bought them. This is the reaso
not think of anything else to say. By the by, Mary, speaking of the temptations of cities, I have much solicitude on Jamie's account lest he should form improper intimacies, for yesterday or day before we saw him parading by the house with his arm over the neck of a great hog, apparently on the most amicable terms possible; and the other day he actually got upon the back of one, and rode some distance. So much for allowing these animals to promenade the streets, a particular in which Mrs. Cincinnati has imitated the domestic arrangements of some of her elder sisters, and a very disgusting one it is. Our family physician is one Dr. Drake, a man of a good deal of science, theory, and reputed skill, but a sort of general mark for the opposition of all the medical cloth of the city. He is a tall, rectangular, perpendicular sort of a body, as stiff as a poker, and enunciates his prescriptions very much as though he were delivering a discourse on the doctrine of election. The other